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Deferred Policy Acquisition Costs Level 3 (Tables)
12 Months Ended
Dec. 31, 2019
Deferred Policy Acquisition Costs and Present Value of Future Profits [Abstract]  
Present Value of Future Insurance Profits [Table Text Block]
Changes in the VOBA Balance [1]
 
Successor Company
Predecessor Company
 
For the Year Ended December 31, 2019
June 1, 2018 to December 31, 2018
January 1, 2018 to May 31, 2018
For the Year Ended December 31, 2017
Balance, beginning of period
$
716

$
805

$

$

Amortization — VOBA [2]
25

(80
)


Amortization — Unlock benefit (charge), pre-tax

(19
)


Adjustments to unrealized gains and losses on securities AFS and other
(45
)
10



Balance, end of period
$
696

$
716

$

$

[1]
Effective with the application of pushdown accounting on May 31, 2018, the Company established its VOBA balance through a pushdown accounting adjustment. Please see Note 1, Basis of Presentation and Significant Accounting Policies of Notes to Consolidated Financial Statements for further discussion of pushdown accounting.
[2] Macro hedge losses more than offset actual gross profits ("AGPs"), generating negative amortization.
Present Value of Future Insurance Profits, Expected Amortization [Table Text Block]
Expected Amortization of VOBA
Successor Company
Years
Expected Amortization
2020
$
42

2021
$
52

2022
$
45

2023
$
41

2024
$
37